Peter Ryan Shortlisted for The Alternative Rich List

Chiswick philanthropist and MicroLoan Foundation charity founder nominated as 'true hero in society'

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Grove Park philanthropist and MicroLoan Foundation charity founder, Peter Ryan, has been shortlisted for The Alternative Rich List.

Peter's revolutionary micro-finance approach to charity in Africa helps millions of desperately poor women empower themselves, their extended families and their communities by giving them the support they need to start up their own businesses.

Now in its third year, The Alternative Rich List (run by third sector recruitment agency forum3) recognises the true heroes in society, those whose wealth is measured not in pounds and pennies but in the way they enrich others’ lives through their actions.

This year, more than 150 people were nominated by members of the public for their work. A panel of not-for-profit advisers has prepared a shortlist of those nominated and below are the individuals, listed in alphabetical order, who have inspired everyone with their efforts and attitude.

Here's what they say about him...

'Peter Ryan empowers women in rural Malawi, Namibia and Zambia to work their way out of extreme poverty through the MicroLoan Foundation. Quitting his job as manager of a French food company, Peter started MLF in 2002 with £25,000 of his own money, recognising a need for microfinance services in sub-Saharan Africa and wanting to put his business start-up experience across EMEA to better use.

MicroLoan has helped over 40,000 women start small, sustainable businesses, positively impacting more than 200,000 children. MicroLoan provides women with small loans, typically £50 - £150, to start their businesses, providing business training, ongoing mentoring, and savings and financial planning. Independent studies show the vast majority of women who borrow from MicroLoan can now afford healthcare and to educate their children, and no longer suffer food shortages. MicroLoan was Highly Commended in the International Aid and Development category at the 2010 Charity Awards.'

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July 13, 2010